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Estate planning does not have to be depressing. In fact, many residents of New Jersey have used this as an excuse to have a little bit of good-natured fun. While most people approach their wills and trusts in a serious manner, others seem to do everything in their power to make their estate planning process as ridiculous as possible. And as it turns out, the hilariousness of your will is limited only by your imagination.
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Ridiculous ThingsYou Can DoWith YourWill inNewJersey Estateplanningdoesnot havetobedepressing.Infact, many residentsofNewJerseyhave usedthisasan excusetohavealittlebitofgood-natured fun.While most peopleapproachtheir willsandtrustsin a seriousmanner, others seem todo everythingintheirpowertomaketheir estate planningprocess asridiculousas possible. Andas itturnsout,the hilariousnessofyour will islimitedonlyby yourimagination. Ifyouwantto getcreativewithyourwill,thebestthingtodois to hireaqualified,experienced estate planningattorneyinNewJersey.Theselegalexpertshavetheknowledgeand resources to helpyoudowhateveryouwantwithyourestateplan,whetheryouwanttotake it seriouslyor do somethingalittlemore…interesting. Leave All YourMoneytoYour Pets Ifyoureallywanttoconfuseanddisappointyourbeneficiaries,youcanleavethemajorityof your fortuneto yourfavoritepetinsteadofa humanbeing.Yes,pettrustsareperfectlylegal in NewJersey.Youcancreateafund that canonly beusedfor pet-relatedpurchases,and this fundis carefully managedbyatrusteeofyourchoosing. Inaddition,youcanstipulate that the funds beusedfor thedescendantsofyour favoritepet iftheanimalwaspregnantwhenthe trust was established. Make YourBeneficiariesdo RidiculousThings
When youestablisha trust,youhavetonsoffreedom. Youcan state thatyourbeneficiaries mustmeet certainconditionsbeforeinheritingyourfortune, andthere arenoreallimitationson these conditions–as longastheydo notcontradictpublicpolicy.For example, mostofus remember themovieBillyMadison,whichinvolvesamanbeing forcedtogobacktoschool in order to inherithisfather’s fortune.Ofcourse,youcouldalsocreate a morestraightforwardand logicalcondition.Forexample,youcould statethatyoursoncan onlyinherityourfortuneifthey receivetreatment for substanceabuseproblems. ChooseYourBeneficiariesat Random Ifyouareleavingthisworldwithnodependentsor family members,youmight notknowwhoto leaveyourmoneyto.Whiledonatingmoneytocharityisalwaysasolidchoice,youcanalso createanelementofchancewhenitcomes towhogets yourfortune.There havebeenpast instances ofpeoplesimplychoosingnamesoutof atelephonebook. Enlistthe Helpof aQualifiedAttorneyToday Remember, the lastthingyouwantis foryourwilltobe invalidatedafteryourpassing.Having fun withyourestateplan isallwelland good,butyou needtomakesurethatyourlastwishes areactually followed andrespected.Thisiswhy itisimportant toworkwitha qualified, experienced estate planningattorney inNewJersey–nomatter whatyouplan todo. Reachout toGiro, LLP, AttorneysatLaw,andwewill provideyouwithallthefreedomyouneed when creatingyour will.